Gartner (NYSE:IT) Given New $166.00 Price Target at UBS Group

Gartner (NYSE:IT) had its target price lowered by UBS Group from $180.00 to $166.00 in a research note published on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the information technology services provider’s stock.

IT has been the subject of a number of other research reports. Morgan Stanley reduced their target price on Gartner from $275.00 to $200.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 4th. Robert W. Baird set a $240.00 price objective on Gartner in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Gartner in a report on Thursday, January 22nd. The Goldman Sachs Group reiterated a “buy” rating and issued a $220.00 target price on shares of Gartner in a research report on Thursday, February 5th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Gartner in a report on Thursday, February 5th. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $189.30.

Gartner Stock Up 4.2%

NYSE:IT opened at $156.54 on Thursday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 9.30. Gartner has a twelve month low of $139.18 and a twelve month high of $451.73. The company has a market cap of $11.03 billion, a PE ratio of 16.22, a P/E/G ratio of 1.51 and a beta of 1.08. The company’s 50 day moving average is $174.59 and its two-hundred day moving average is $219.33.

Gartner (NYSE:IT) last posted its quarterly earnings data on Tuesday, February 3rd. The information technology services provider reported $3.94 EPS for the quarter, topping the consensus estimate of $3.50 by $0.44. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion. Gartner had a net margin of 11.22% and a return on equity of 102.20%. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.45 earnings per share. Gartner has set its FY 2026 guidance at 12.300- EPS. Analysts anticipate that Gartner will post 12.5 EPS for the current year.

Hedge Funds Weigh In On Gartner

A number of hedge funds have recently bought and sold shares of IT. Harbor Capital Advisors Inc. lifted its holdings in Gartner by 2.8% during the third quarter. Harbor Capital Advisors Inc. now owns 1,701 shares of the information technology services provider’s stock valued at $447,000 after purchasing an additional 46 shares in the last quarter. Cresset Asset Management LLC grew its holdings in Gartner by 3.3% in the 3rd quarter. Cresset Asset Management LLC now owns 1,493 shares of the information technology services provider’s stock valued at $392,000 after buying an additional 47 shares in the last quarter. Horizon Investments LLC increased its position in Gartner by 4.3% during the fourth quarter. Horizon Investments LLC now owns 1,237 shares of the information technology services provider’s stock worth $312,000 after purchasing an additional 51 shares during the last quarter. Shell Asset Management Co. increased its holdings in shares of Gartner by 2.7% during the 3rd quarter. Shell Asset Management Co. now owns 2,064 shares of the information technology services provider’s stock worth $543,000 after buying an additional 54 shares during the last quarter. Finally, Brown Brothers Harriman & Co. raised its position in Gartner by 5.8% in the third quarter. Brown Brothers Harriman & Co. now owns 1,019 shares of the information technology services provider’s stock valued at $268,000 after purchasing an additional 56 shares during the period. Hedge funds and other institutional investors own 91.51% of the company’s stock.

Key Gartner News

Here are the key news stories impacting Gartner this week:

• Neutral Sentiment: UBS lowered its price target on Gartner from $180 to $166 and maintained a “neutral” rating, implying limited near-term upside from the current share level and reflecting more cautious analyst sentiment. Article Title
• Negative Sentiment: A broad set of plaintiff law firms (Rosen, Bernstein Liebhard, Robbins Geller, Pomerantz, Levi & Korsinsky, Portnoy, Kahn Swick & Foti, Faruqi & Faruqi, ClaimsFiler and others) have issued class-action notices or filed suits alleging securities fraud tied to Gartner’s consulting outlook, contract valuations and disclosures for the Feb. 4, 2025–Feb. 2, 2026 period; lead‑plaintiff motions are due May 18, 2026. These actions raise potential legal costs, settlement risk and reputational damage that could weigh on the stock and increase volatility. Article Title Article Title

Gartner Company Profile

Gartner, Inc is a global research and advisory firm that provides insights, advice and tools for leaders in IT, finance, HR, customer service and other business functions. Founded in 1979 and headquartered in Stamford, Connecticut, Gartner specializes in helping organizations make informed decisions about technology, operations and strategy through a combination of published research, advisory services, consulting, executive programs and events.

The company’s offerings include proprietary research reports, market forecasts, and analytical frameworks that are widely used by technology buyers and vendors.